When spouses co-own a business, the impact of divorce goes beyond personal consequences. Divorce will severely affect a jointly-owned business, posing serious implications for the spouses’ financial future.  Is California a Community Property State? California is one of nine community property states. Under communal law, the division of assets is strictly equal.

When your marriage has come to the point of adultery allegations, it is safe to say that your marriage is not in a good place. For many, after adultery allegations, it is likely that your marriage will end in divorce. If this sounds like what you are going through, you

With the increasing popularity of cryptocurrency, more and more spouses who are headed for divorce make the decision to hide these digital assets to avoid having to divide them in their divorce settlement. The trouble is, tracking down Bitcoin is not easy. More than 20 million Americans currently own cryptocurrency and

Marital debt can cause major tensions during a divorce. In many cases, the first questions our clients ask have to do with dividing property and debt.  The Orange County property division attorneys of Pedrick Law Group, APC, can guide you through the complexities of asset protection and division. We believe in

A family business is built upon hard work and dedication. Determining how a divorce impacts such a business depends upon a variety of factors. At the Pedrick Law Group, APC, our team understands California divorce law and can work with you for the best outcome possible. If you face a divorce

Unless you and your spouse agree to all matters concerning child custody, parenting time, and the division of marital assets, your divorce is considered contested in California. If your divorce is contested, it means that you will likely have to go to court and prove why these matters should be

Television and movies often portray divorce as an adversarial process that is played out in the courtroom with much drama. While some divorces happen just like that, many couples choose to work together to hammer out the issues involved through a process called mediation. Mediation is involved in 50-80 percent

Are you divorcing an unemployed husband or wife? Long spells of unemployment for one or both partners in a marriage can put undue stress on a relationship. Although unemployment might not be the primary reason you seek a divorce, it might be a contributing factor. Unemployment changes the financial situation